S&P500 is up +130% in last 5 years and +30% in 2013
May be stocks are not so good as coffee but better than gold
It is hard to argue with the statistics.
Check the previous secular bull market duration:
~10 years at least
The third top guru-held stock of the fourth quarter is in Apple.
As of the close of the most recent quarter there were 43 gurus with a position in Apple. There were 21 gurus making buys of Apple stock and 17 gurus selling their stake in the company. These gurus hold a combined weighting of 74.16%.
The top guru shareholders of Apple:
1. Carl Icahn: 4,730,739 shares, representing 0.52% of the company's shares outstanding.
2. David Einhorn: 2,397,706 shares, representing 0.26% of the company's shares outstanding.
3. Ken Fisher: 1,298,647 shares, representing 0.17% of the company's shares outstanding.
The most gurus hold on to Microsoft Corporation.
As of the close of the fourth quarter there were 57 gurus that held a position in the company. During the fourth quarter there 22 gurus buying shares of Microsoft and there were 28 making sells.
These gurus hold a combined weighting of 132.42%.
Good news for ALU:
Telefonica's Q4 net profit more than tripled to #$%$1.45B ($1.98B) from #$%$473M a year earlier, when earnings were hit by hefty write-downs. The latest figure topped consensus of #$%$1.16B.
Multiple reports have stated Apple plans to launch two larger iPhones this year.
The WSJ reported last month the smaller model is "further along in development, and is being prepared for mass production."
Speaking at the Mobile World Congress in Barcelona, NSN Chief Executive Rajeev Suri said that he is working to expand an existing collaboration deal with Juniper into something more substantial.
Another good thing for MSFT,
Stephen Elop, considered a top Microsoft CEO candidate before Satya Nadella got the nod, is set to assume command of the software giant's Devices & Studios unit, responsible for all of the company's hardware and entertainment products.
2014 big IPO's will drive the market to the North.
The Alibaba IPO has been in the works for years. The China-based e-commerce group offers business-to-business, online retail and processing services.
Yahoo! will be a key winner due to big stake in Alibaba.